Beatrice Foods
Beatrice Foods Company was a major American food conglomerate founded in 1894. One of the best-known food processing companies in the U.S., Beatrice owned many well-known brands such as Tropicana, Krispy Kreme, Jolly Rancher, Orville Redenbacher's, Swiss Miss, Peter Pan, Avis, Milk Duds, Samsonite, Playtex, La Choy and Dannon.
Company type | Food processing |
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Founded | 1894 |
Founders | George Everett Haskell William W. Bosworth |
Defunct | 1990 | (in the U.S.)
Fate | Acquired by ConAgra Foods |
Successor | Conagra Brands |
Headquarters | Irvine, California, U.S. Downers Grove, Illinois, U.S. Chicago, Illinois, U.S. |
Key people |
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Products | Food Chemical Consumer Products |
Brands |
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Revenue | US$4 billion (1975) |
Net income | US$206 million (1976) |
Parent | Conagra Brands |
In 1987, its international food operations were sold to Reginald Lewis, a corporate attorney, creating TLC Beatrice International, after which the majority of its domestic (U.S.) brands and assets were acquired by Kohlberg Kravis Roberts, with the bulk of its holdings sold off. By 1990, the remaining operations were ultimately acquired by ConAgra Foods.
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